Increase Rental Revenue By Renting Your Home To Smokers

Increase Rental Revenue By Being A Smoke-Friendly Host

Using Your Extra Space To Make Money

For many people looking to add some extra income each month, their solution has been to rent out part or all of their property. The room rental industry has exploded over the past few years, and the result has been many people adding an addition source of income. It is now easier than ever to list your spare room or empty home online through sites like AirBNB and VRBO, and have someone rent it for a period of time. However, with this extra ease comes an increase in competition from other people looking to rent out their homes.

If you want to increase rental revenue, you need to increase the number of people who rent from you. To do this, your home needs to become more accommodating to a wider range of people. The more features and benefits your home can offer, the more likely it is that you will find someone to rent it from you.

Become Smoker-Friendly

There are many ways that you can go about improving your room or home for renting, but one of the best ways is to make it smoker friendly. Many listings out there bar people from smoking in their homes, and this makes it difficult for people who smoke to find a place to rent. By becoming a smoker friendly listing, you are opening yourself up to an entire new market of people.

Now, you may be wary about allowing smoking inside your home. Perhaps you worry that the smell will invade your furniture, and become a problem throughout the home. However, there are some things that you can do to make your home smoker friendly, without interrupting the entire place.

Designate A Specific Room For Smoking.

If you are renting out a spare bedroom, you can say that smoking is only allowed in that room. This will make it easier to clean out the smell between guests, and prevent any intrusions into the rest of the home. You can also ask that guests open a window when they smoke in there, just to help remove the smell even more.

Give Guests A Place Outside To Smoke.

As long as the area gives them some place to sit, and has cover from the rain, guests will typically not mind going outside for a smoke. A smoker friendly home doesn’t necessarily mean that they can smoke inside – it just means there is a place where they can smoke without causing any problems.

Provide The Basics

Lastly, if you want a smoker friendly home, it is a good idea to provide some basics within the house. A few ashtrays will help keep the place clean and guests appreciate lighters when they forget theirs. These little touches can go a long way towards making a person feel free to smoke during their stay.

Sometimes making money from home means using the resources that are available to you – in this case, your home itself. By renting out a spare room — or the entire place while you are away — you can make some extra money each month. On top of this, by targeting a market like smokers, you open your home up to more possible renters, and can increase rental revenue in the process. With a few precautions and some planning, you can ensure that your home is not only welcoming to your guests, but that their smoking habit does not impact your home long-term.

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